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of government, and the president is proposing to grow it more. to spend more. the problem is isn't tax policy, mr. speaker. the problem is spending. you know, mr. speaker, we hear a lot about fairness. i want to talk a little bit about that now. i'm going to switch to tax policy because that's what everybody seems to be obsessed with in the media. i want to make sure we dispel some of the myths of what's going on there. i went to dictionary.com as i'm apt to do, mr. speaker, and printed out what fair is. they said free from bias, dishonesty, or injustice. the first definition. free from bias, dishonesty, or injustice. and two, legitimately thought, pursued, done, or given proper under the rules. fair. but i think we all support fairness. i'm certain that we do, but i'm absolute certain what president obama believes is fair is different from what the people i represent believe is fair. and what i brought here, mr. speaker, is a chart from the joint committee on taxation, that's the group here on capitol hill that is in charge of measuring all the tax policy, it's a nonpartisan group, they just
. and so, listen, i understand ideologically why people who believe that they want to shrink government up so small they can drown it in a bathtub may always lead that way, but it's not in the best interest of the american people in my humble opinion. >> i am going to be measured in my response because you all have an obligation to ask questions. but i hope at some point you all who have heard us on this side and the other side of the aisle talking about this will do the math, quite honestly. i can tabulate very quickly for you $3 trillion worth of cuts that have now gone into law that democrats have been there on the tough -- on those tough negotiations. the chairman mentioned $1 trillion that was exacted as a result of the budget control act where the republicans were threatening for the first time have the nation default on its credit if we didn't do something. $1 trillion. that's already taking place, the $1 trillion in cuts. there's another $1.2 trillion that came from the same law, as we know, as the sequester, that also by law will start to take place. that's $2.2 trillion. we talke
, security, public safety, those are the fundamental obligations of government. and secondly, we live in an increasingly dangerous world with increasing threats against our citizens and targets that are viewed as high profile. for those reasons, mr. speaker and others, i earnestly believe those who serve this country as president should never have to worry about their personal safety. under current law, protection for president obama and president george w. bush will cease after 10 years. both men are young, enjoy good health and have long lives ahead of them postpresidency. this bill proposes to extend that security for the remainder of their lives. there's an unintended anomaly, mr. speaker, that were current law not changed, barbara bush would have more safety than if they were president themselves. the person and the symbol of our presidency is safe and secure for the occuration of their natural lives. with that i would yield. the speaker pro tempore: the gentleman yields back. the gentleman from michigan. mr. conyers: mr. speaker, before i yield to the distinguished gentlelady fr
, alexander hamilton, observe energy is a leading character in good government. the president must lead in a divided government and must not advocate his or her -- not abdicate hor or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- from thewing recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipa
debt. sovereign entity states and governments, countries, will have debt to finance the things they cannot pay for out tried. i used to work an invisible bond department of a wall street firm. there were all kinds of bonds, which is debt of cities and countries and states. of course there is the federal debt. as i recall, some people with fiduciary responsibility are only allowed to select investments that have very high ratings. the highest raiders in the world, at one time -- rated in the world, at one time, was the united states of america. and widows and orphans funds will invest in government bonds. host: alma, thank you for your call. we will consider your suggestion. the senate banking, housing and urban affairs committee is about to hold a hearing on the oversight of the fha program. shaun donovan will be testifying. we will be going to that as soon as that hearing begins. i want to show you this article in "the new york times took ." president obama plans to ask congress for about $50 billion for emergency funds to help rebuild the state's the were ravaged by hurricane
Search Results 0 to 4 of about 5

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